TSX:IBG.DB.E - Post by User
Post by
Oakboy1110on Mar 08, 2020 5:26pm
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Post# 30781043
Some comments on comparisons- Any other ideas for fair price
Some comments on comparisons- Any other ideas for fair priceIBI Groups EBITDA as percentage of net revenue compares with Stantec and WSP Global-in the 11%s
IBI's debt as multiple of EBITDA is midway between STN and WSP
The big discrepancey is share price to EBITDA - IBI -4.5, STN-10.5,WSP-11.1 and Calian-13.
WHY? Looking for comments
Dividend Yields not that high - IBI could declare a dividend of 2 cents a quarter for a similiar yield of 1.6%
Growth of net revenue low compared to Stantec and WSP. Growth of EBITDA is reasonally comparable to STN and WSP
Hopefully management does not rush into aquisitions just for the sake of achieving growth.
My preference would be to be aquired by one of the big companies, even for stock, providing IBI is valued properly.